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BIFR approves Radico Khaitan plan
January 17, 2003 18:10 IST
Radico Khaitan Ltd has informed BSE that the Board for Industrial and Financial Restructuring has sanctioned a scheme of rehabilitation of Abhishek Cements Ltd. The scheme envisages a reverse merger of the company with Abhishek Cements Ltd and a one-time settlement scheme for the payment of liabilities of the banks and financial institutions by ACL. BSE Code: 532237
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